Sun. Jul 14th, 2024

Brussels, 4 May 2023

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of ServiceCo of the Netherlands, by Ebert HERA Esser Holding GmbH (‘Ebert HERA’) of Germany.

ServiceCo will provide Engineering, Procurement, Contracting and Maintenance (EPCM) services to existing chemical plants in the Chemelot Campus park in Geleen, the Netherlands. These services are currently supplied by Sitech Manufacturing Services C.V., Sitech Services B.V. and its affiliated companies (together ‘Sitech’).  ServiceCo will be the result of Sitech’s restructuring. Ebert HERA provides blue-collar brownfield industrial and mechanical contracting services for the heavy industry such as chemical, pharmaceutical and petrochemical plants and refineries in the Benelux and Germany.

The Commission concluded that the proposed acquisition would raise no competition concerns, given its negligible impact on the market. The transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.11075.

Source – EU Commission

Forward to your friends